Labor markets remained solid in 1996, with 2.3 million jobs being added to the nation's payrolls. Through November (December data are not yet available), the number of net jobs created was slightly higher than the 2.2 million created in 1995.
Suggested citation: “Labor Markets,” Federal Reserve Bank of Cleveland, Economic Trends, no. 97-01, pp. 11, 01.01.1997.